The REconomy Podcast™: Here’s How We Know that Housing Supply is Still Low

By FirstAm Editor on June 16, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi walk through several measures of housing supply and what those housing supply measures tell us about the housing market. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Don’t be Alarmed by the Increase in ARMs

By FirstAm Editor on June 2, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why the recent increase in adjustable-rate mortgages (ARMs) does not necessarily signal an impending housing bust. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Understanding the Neutral Rate of Interest, Inflation and the Housing Market

By FirstAm Editor on May 19, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why the neutral rate of interest is an important metric in Federal Reserve’s fight against inflation and what it means for the housing market. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Breaking Down the Recency Bias in Housing Market Data

By FirstAm Editor on May 5, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how recency bias is fueling some angst over trends in housing market data and explain why today’s housing market looks a lot like the 2019 housing market, which was the strongest housing market in a decade at ... Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Housing Bubble or No Housing Bubble?

By FirstAm Editor on April 21, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the health of the housing market and address the question, ‘housing bubble or no housing bubble?' Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: What does it mean when mortgage rates are less than the rate of inflation?

By FirstAm Editor on April 7, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the extremely rare phenomenon of real, negative mortgage rates – when the average 30-year, fixed mortgage rate is less than the rate of inflation – and explain what it means for the housing market. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: What’s the Outlook for the 2022 Spring Home-Buying Season?

By FirstAm Editor on March 24, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi examine the housing market’s fundamentals as the 2022 spring home-buying season kicks off. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Why the Homeownership Rate Among Single Women Outpaced Single Men in 2021

By FirstAm Editor on March 10, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why single women are increasingly dispelling the traditional notion that buying a home follows love and marriage and prioritizing homeownership. Read More

Housing Interest Rates Affordability REconomy

The REconomy Podcast™: Why Approximately 66% of Americans are Protected from Shelter Inflation

By FirstAm Editor on February 24, 2022

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain why homeowners are protected from shelter cost inflation, but potential home buyers are not, and how rising mortgage rates is likely to further reduce the historically low supply of homes for sale. Read More

Housing Interest Rates Affordability REconomy

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